Ungated Post | 11 Dec 2018

The impact of a ‘no-deal’ Brexit on travel and tourism

A “no-deal” Brexit would cause a 5% drop in UK outbound travel and tourism trips in 2020, because of the stifled economic backdrop and impact of a weaker pound. Ireland and Spain would be the hardest hit from fewer UK visitors. In contrast, the weaker pound could mean that UK tourism inflows are 4% higher in a “no-deal” scenario, provided there is no travel disruption. But lower levels of domestic tourism mean that we would expect UK travel and tourism GDP to be 2% lower than our baseline forecast in 2020.

Read the full report.

Our consulting team at Tourism Economics are the world’s leading analysts of the global tourism and travel sector. They combine their expert insight with our state-of-the-art economic models and tools to answer the crucial questions facing our clients. Lead consultants on the project were:

Oxford Economics’ team are experts at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues. To find out more about our capabilities, contact:

To find out more about our capabilities, contact:

EMEA
David Goodger
+44 (0)1865 268 928
Email

Americas
John Levis
+1 (646) 503 3068
Email

Asia
Adam Sacks
+1 (610) 995 9401
Email

Related Services

Post

From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Sweden

This study assesses YouTube's contribution to GDP and employment in Sweden, and its broader impact on society and culture.

Find Out More

Post

Från möjlighet till påverkan – Utvärdering av de ekonomiska, sociala och kulturella fördelarna med YouTube i Sverige

Denna studie utvärderar YouTubes påverkan på Sveriges BNP och sysselsättningsgrad samt samhället och kulturen.

Find Out More
Motorbike in Sunset

Post

The economic importance of motorcycles to Europe – technical report

Motorcycle-related activity supports €21.4 billion of output (GDP) across Europe a year, sustains 389,000 jobs, and generates €16.6 billion of tax revenues, according to research by Oxford Economics.

Find Out More